Sea
DP World, the Middle East-based logistics and supply chain solutions giant, has commenced its berth expansion at the Port of Posorja in Guayaquil, Ecuador.The project will significantly increase DP World’s terminal capacity at the deepwater port, consolidating Posorja’s role as a strategic gateway for international trade and driving Ecuador’s economic growth.The expansion will include construction of an additional 232.5 meters of dock, extending the terminal’s berth to 700 meters, which ...
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AAL Shipping kicked off a year of events observing its 30th anniversary in the multipurpose, project and heavy-lift industries by hosting an evening rooftop reception gathering industry with partners and stakeholders during Breakbulk Middle East in Dubai, Feb. 10-11.Since its establishment in 1995, AAL has ...
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The shipping industry and the international community must help put an end to a rise in unjust treatment and criminalization of its seafarers, said the chairs of the world’s largest shipping industry organizations.The Round Table of International Shipping Associations – which consists of BIMCO, the ...
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Imports at major U.S. container ports are expected to remain high as retailers continue to bring in cargo ahead of growing tariffs on China and threats against other countries, according to the Global Port Tracker report released Feb. 7 by the National Retail Federation and ...
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Hamburg-based shipbroker Toepfer Transport said its Multipurpose Index in February dipped below US$13,000 per day, for the first time since July 2024.According to Toepfer Transport said the February result dipped 2.5 percent from its January level, at US$12,913 per day. However, the February result is ...
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The Port of Long Beach is accomplishing its environmental, operational and commercial goals as it is setting greater goals for the years ahead, said CEO Mario Cordero during his annual state of the port address, Jan. 29.
In a 2024 in which the port ...
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Ocean Network Express and LX Pantos have formed a joint venture, Boxlinks LLC, to provide end-to-end domestic intermodal transportation services.This strategic partnership will leverage the combined strengths of ONE and LX Pantos and use the companies’ partnerships with major rail carriers and trucking companies to ...
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Drewry, the maritime research and consultancy, said its World Container Index decreased 3 percent to USUS$3,273 per 40-foot equivalent unit, or FEU, the week of Feb. 6.The latest Drewry WCI composite index is 68 percent below the previous pandemic peak of USUS$10,377 in September 2021 ...
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Only a month before the book is closed, container traffic is expected to top a record set in 2021, according to data from Container Trades Statistics Ltd.
CTS reports that global loaded volumes increased 5.3 percent year-over-year in November, hitting 15.6 million TEUs. That ...
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Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG launch their operational collaboration Gemini Cooperation on Feb. 1.The container line giants intend to deliver a flexible and interconnected ocean network with schedule reliability above 90 percent once fully phased.About 340 vessels ...
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